In a sea of gold and silver, “Shameless” star Emmy Rossum stood out as the ‘lady in red’ as she helped Carson Daly host his annual New Year’s Eve event in Times Square.

Emmy braved the cold weather in a strapless red cocktail dress from the Spring/Summer 2012 collection by Farah Angsana. The knee-length dress featured triangular gathered detail at the bodice and was banded at the waist before flowing out into a twirl-worthy skirt adorned with beaded embellishments.

She didn’t stop at the bold dress! Emmy added sky-high red satin Brian Atwood “Marcella” pumps to match. If you can’t go overboard on New Year’s Eve, when can you? She kept her hair in check by leaving it up in a fun ponytail.